Watch For A Rebound From Support For $SYH.v As shares of Skyharbour Resources (TSXV: SYH) are in the midst of a big sell-off, the company has announced that drilling is underway at the Mann Lake uranium project.
The recent sell-off resulting in a 31% price decrease in $SYH.v shares represents a potential opportunity to establish a position in the junior uranium exploration company. As shares approach historic support at $.51, positive reports from Mann Lake could send shares into an equally swift price correction.
The stochastic oscillator also shows that shares of $SYH.v are in extremely oversold territory at the moment.
$SYH.v is currently trading at $.53 and is valued at an MCAP of $71.12M.
https://ceo.ca/@nasdaq/skyharbours-partner-company-basin-uranium-corp-commences